hello all, i must say i have to agree with the rest of the crowd here, but i also must say i agree with your concerns jeff88the lawyer i'm thinking about using charges $320 per hour, so you can just imagine how that fee can add up when drafting and reviewing contracts, especially with me because i'm focused on commercial real estate investing (were everything is in more detail and etc)so i guess you have to find a lawyer that you can trust and that will agree to do certain task like contract review and etc for a set price, so that way you'll know what your getting into (well what the final price will be). because the worst thing is get some huge bill for something that you know probably only took the lawyer an hour to do, but they jack the bill up to get paid more.

Rosen, Either can be very profitable, but you must be willing to do your homework and be interested in what you chose.

Other times, it is based simply on a certain date by which you must get financing or the contingency goes away.

Hi Das Siva A great post that is a must-read for all newbies and a refresher for those of us that have been here for a while.

Also, you needed to set up a visit ASAP and get the property under contract.

This must be done in person obviously.A realtor brought two deals to me, which I agreed to negotiate and ultimately purchase.

Middle credit score must be 585 or higher.

it took the fed and state a very long time for the mda fundsthe MDA - as an investor youd get 40,000 back on a single familyon a quadraplex 160,000.of cousre the rents must stay at a certain level for 5 years.our local economy is doing well.

I must really be a rookie here...i've yet to have one of those over-the-top responses.

That means the amount of the new loan must be less than 90% of the value of the property.